Richard Murphy says:
September 17 2017 at 1:14 pm
Worstall’s weakness is a total lack of economic wisdom mixed with a surfeit of neoliberal knowledge
And I’m the one pointing out, recall, that gilts having market value above nominal or par is a result of falling market interest rates since some of those gilts were issued.
Just as the Bank for International Settlements tells us in fact.
But isn’t that lovely? It’s a problem to have a surfeit of knowledge?